Income & Earnings

One of the more unusual income types that you will run across is a statutory employee.  You can spot them right away when you are looking at their pay stubs. 

We all can relate to those hard to find answers on questions about non occupant borrowers.  This has a lot to do with how infrequent an application with these borrowers comes along.

Gift funds are still a top question I receive in underwriting, even though the rules have not really changed since I started in the mortgage business.  I want to provide

The answer to this question has changed for the better as of April 25, 2017.  Fannie Mae continues to improve and streamline the loan approval process with SEL 2017-04. In

When you have a borrower that has taken rental properties a little more serious the average rental investor and has multiple rental properties, how many will FHLMC finance?  Recent selling

**updated 05/11/2019** Sometimes we have a borrower that is missing the AUS approval by a mere few dollars, nothing more heartbreaking than a 46% DTI approve/ineligible finding. But do not

After years of working in underwriting when you look through enough loans it becomes easier over time to recognize a borrower’s income type.  However there are those income types that are

Sometimes when you are underwriting the same question seems to come in “three’s”.  Maybe it is timing, maybe happenstance, or maybe different people are asking the same question about the same

As a parent with two kids attending college the discussion of getting through college with minimal student debt (or none at all) has been a topic for the last 5-6